According to CarWoo.com the #1 Problem Facing the Auto Industry, Auto Dealerships and Car Shoppers is that sellers are not selling during the same time buyers are looking to purchase. Check out this Infographic (based on 7,000 transactions) :

Toyota Prius is top selling hybrid

The popularity of hybrid cars continue to grow through out the world. It's been nearly a decade since the first Toyota Prius went on sale. According to this report, cumulative sales of this car totaled 1.047 million as of the end of May.

Toyota is still working on what is expected as the next innovation of hybrids, the switch to lithium-ion batteries.

Toyota now account for 80% of car sales in the US.

Malaysian auto sales down

According to the Malaysian Automotive Association's (MAA) annual report, auto sales in Malaysia were down 11% in 2006 from the previous year's position to 490,768 units. This is the first drop in three years.

The country's No. 1 spot has also been taken by Perusahaan Otomobil Kedua Sdn Bhd and National carmaker Proton Bhd falls to the second spot.

The lower sales last year were attributed to low second-hand car prices, higher fuel costs and the tightening of loans for the purchase of cars by banks following high default rates.

However, the report had a positive note in that they expected sales to rise this year- predicting 1.9% growth in 2007.

Related Links:
- Perodua firmly in pole position
- Perodua Sales Up, Captures 42 Pct Share Of Passenger Car Market
- 2006 car sales plunge but ‘worst over’

Tags: MAA Perodua Proton